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All About ICAI's Certificate Course on GST

After becoming a qualified CA, you have a range of options. One such option is to become a specialist in GST matters. Because of the subject's importance and career scope, the Institute of Charted Accountants of India made a bold move by introducing the 10-day certificate course covering all aspects of the Goods and Service Tax (GST). This Course on GST is available for members of the Institute only,

Let us see what it is all about.

Before going into details, if you are looking for study material related to the CA course on GST and other topics, sign up for our online video lectures that cover the entire syllabus for all papers of all levels of the CA Course. Find out more about them here:

Levy of CGST & IGST (Levy residing in two statutes – CGST and SGST; and working simultaneously (replace SGST with UTGST to show parallel)) - Section 9 of CGST & Section 5 of IGST Act

Definition of Supply and all forms of Supply and its purpose including Schedule I, II and III

Difference between Effective Levy and Liability

Purpose and applicability, relevance to trade and restrictions including Composition Rule No. 3 to 7

Issues in Supply

DAY 2

Purpose of Time of supply with reference to Levy of GST and focus attention on:

Time of supply of goods

Time of supply of services

Common errors – supplies involving goods treated as supply of services, experience in current laws affecting understanding or application of time of supply in GST and need to give up notions about – 'inter vivos', transfer of property, etc.

Issues in time of supply

Classification under HSN covering:

Rules of Interpretation (ROI) from Customs Tariff Act (also based on HSN)

Reliability of HSN for interpretation

Examples of words of common usage not leading to correct classification because of scientific words used in Tariff

Relevance of ROI for use in Exemption

Examples of Trade Parlance theory

Classification of SAC covering:

Relying upon HSN discussion, discuss 5 – 10 classifications:

Highlight common understanding not aligned to SAC codes such as works contract, printing, tailoring, etc

Contrast classification for SAC being different from classification for Exemption and different from RCM

Issues in Classification

DAY 3

Overview of GST - Compensation Cess to States Act, 2017

Nature of Supply (IGST Act) covering:

Detailed discussion covering section 7 to 9 of IGST Act

Supply in high seas and in-bond sales with reference to 7(2)

Filling of Bond / LUT Detailed discussion on Taxation Law Amendment Act, 2017, including difference in custom valuation in relation to IGST, credit of CESS, etc.

Fiction of inter-State supply in case of SEZ supplies in 7(5) for example supply by registered supplier to SEZ unit still considered inter-State supply though both situated in same State/City

Implementation of supplies by SEZ unit to each other including developer including tax payable u/s 9(3) and 9(4) by SEZ units/developer

Implementation of supplies outside the zone by SEZ units covering supply of goods and supply of services with reference to RCM for services u/s 7(1)(b)

Discuss based on examples, the scope of s.8 (2) for example inter-State billing of property on rent, etc.

Discuss in detail the impact of explanation 1 and explanation 2 with examples for each as considered relevant

Reference to s. 9 and provide examples of its applicability to suppliers from non-coastal States like MP, UP, Delhi supplying to offshore projects

Differentiate between export of goods and export of services (no linkage with FOREX repatriation in definition of export of goods but required only for refund claim). Similar comparison with import of goods and import of services – Section 11 of the IGST

Purpose of place of supply and discuss from basics onwards, namely:

Goods: Meaning of location of supplier of goods (and reason for not being specifically defined) and location of recipient of goods.

Definition of recipient with respect to supplies involving payment and supplies not involving payment.

Detailed discussion on all clauses on place of supply of goods and services separately for example:

Detailed discussion on meaning of 'involves movement' and 'does not involve movement' – how to determine with examples u/s 10? How to identify whether clause (a), (b) or (c) would apply

Highlight the concept in GST that may be different from current law, for example, an intra-State supply in VAT/CST may still be inter-State supply in GST (ref 10(1)(b) compared to circular E1 sales in CST Act). Also discuss how to effect in-transit sales in GST u/s 10(1)

Discuss that 10(1)(d) does not involve a works contract as WC is treated as a service and s 10 would not be applicable.

Discuss about movement of goods 'for' installation being subsumed in clause (d) and not treated as two supplies – one, from factory to site and another for installation at site

Domestic Services: Discuss in detail the general rule in 12(2) and 13(2) and how to identify that any of the sub-rules will apply and not this general rule:

Explanation of telecom intermediary not eligible to be included in determination of PoS u/s 12(11)

Other context-specific or region-specific examples based on most relevant industries

Explanation about PoS not being required for registration – there are concerns that PoS is where registration is to be obtained – and that registration is at 'place of business' and not at PoS

Discuss OIDAR with examples – how it identifies if it is OIDAR or not OIDAR – not all supplies over internet is OIDAR. Discuss also role of representative and whether CAs can accept this roleo Discuss OIDAR u/s 14 with reference to ST Circular from 1 Dec 2016 which may be mutatis mutandis applicable to GST

Explanation of GST implication involving immovable property related supplies for example, (a) property outside India taxable by proviso to 12(3) – how does it impact Indian passenger travelling outside India (b) vessel not included in s.13(4) – how does it impact foreign cruise travel.

Practical Issues faced in deciding the place of supply.

International:

Explanation of telecom intermediary not eligible to be included in determination of PoS u/s 12(11)

Other context-specific or region-specific examples based on most relevant industries

Explanation about PoS not being required for registration – there are concerns that PoS is where registration is to be obtained – and that registration is at 'place of business' and not at PoS

Discuss OIDAR with examples – how it identifies if it is OIDAR or not OIDAR – not all supplies over internet is OIDAR. Discuss also role of representative and whether CAs can accept this roleo Discuss OIDAR u/s 14 with reference to ST Circular from 1 Dec 2016 which may be mutatis mutandis applicable to GST

Explanation of GST implication involving immovable property related supplies for example, (a) property outside India taxable by proviso to 12(3) – how does it impact Indian passenger travelling outside India (b) vessel not included in s.13(4) – how does it impact foreign cruise travel.

Purpose of exemption, indication of taxability by the existence of exemptions (e.g. Interest on loans, etc.), new insights into taxability of certain transactions in GST and whether exemption from output tax applies to RCM also

Interpretation of scope of exemption notification by taking examples of goods and services separately

Common errors by misinterpretation of language such as works contract and construction service, charitable trust engaged in commercial activities, renting of motor cab or transfer of right to use cab, etc.

Conclusion by providing applicability of exemption in specific cases (relevant to industry in the region)

Issues in Registration- How to fill the registration form with practical case study and issues faced in registration

Halfway Point

This is the halfway point of the GST certificate course. We should mention that the duration of the discussion on each day is for a total of 6 hours split up in the various sessions. The same goes for the next five days of the course.

DAY 6

E- Way Bill procedure its applicability & its State Empowerment

Document to be carried with goods in movement (Rule 55A, 138A)

Requirement of EWB, Data Flow and Audit Trail

Requirement of EWB on other than traded goods (fixed assets, equipment for repair etc.)

Inspection of Goods in movement.

Seizure/ Detention of Vehicle/ Goods.

Penal consequences after completion of movement.

Landmark Judicial Precedents for EWB.

Live study with GSTN portal including user manual.

Difference between Section 129 &130 (i.e. difference between detention and confiscation of goods)

Live study with GSTN portal including instruction manual – Explained with Real Documents(Audit & reconciliation statement U/s 35(5) read with Section 44(2) of CGST Act, 2017 would be covered in a different session, hence need not to cover here)

DAY 7

Maintenance of Records & Books - Type of electronic ledgers, Invoice, Credit note and debit notes, Accounts and period of retention of account with reference to:

Inter-State credit note in B2C and B2B supplies

Debit note and supplementary invoice reference

Invoicing for GST and revenue recognition

Key considerations in maintenance of books of accounts at entity-level and for each GSTIN

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